PROJECT

Projects

Summary of Investment Information

Project Number

51409

Company Name

Carpathia Pensii - Societate de Administrare a Fondurilor de Pensii Private S.A.

Date SPI Disclosed

May 8, 2026

Country

Romania

Region

Europe

Projected Board Date

Aug 8, 2025

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

May 12, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Aug 8, 2025
Signed : May 7, 2026

Sector

Other Non-Banking Financial Institution (NBFI)

Project Description

IFC is considering an equity investment for the acquisition of up to 10% of ordinary shares of Carpathia Pensii S.A.F.P.P. S.A. (CP or the Company), the fourth largest pension assurance company (PAC) in Romania. The investment will be in the form of purchase of secondary shares from VIENNA INSURANCE GROUP AG Wiener Versicherung Gruppe (VIG or the Sponsor).                                               

Associated Advisory Engagement

IFC will provide the Company with technical assistance, focusing on digital channels to enhance operations, distribution of private pensions product and customer experience. These initiatives will help the Company improve its service quality and expand access to voluntary pension fund.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation